It seems that you are talking about a cryptocurrency or a stock experiencing significant fluctuations! 😅 Let's analyze the talk:

$RIVER

RIVERUSDT

Perp

25.32

+9.19%

It suddenly rose to $47, which you consider "crazy."

You are in a short position, meaning you will profit if the price goes down.

Your target is $12, as you expect a significant drop.

You are confident and have not panicked despite the current rise.

In short, you are maintaining a short position during sharp fluctuations, targeting a substantial decline. This is a big risk, but with a high potential for profit.

If you like, I can provide you with a brief risk management analysis for such a situation to stay cautious. Do you want me to do that?